Hotel chain appointed Deloitte to oversee CVA earlier this month
Emergency injunction granted to prevent winding-up petition over unpaid rent and service charge
Leslau’s REIT rises 8.91% despite ongoing rent dispute with Travelodge
Prestbury’s Nick Leslau says he continues to battle the owners of Travelodge for non-payment of rent
Property tycoon calls for reforms to the CVA process
Hotel chain expects to lose £350m in sales this year
Travelodge proposal fails to appease Secure Income REIT over outstanding rent payments
REIT “disappointed and surprised” that hotel chain has not provided a payment plan.
Travelodge has appointed Steve Bennett as its new property director
The move is in response to growing consumer demand for budget hotels in the capital
The two hotels are located in the Quayside area and have a combined 281 rooms